The SEC’s “war on crypto†may be winding down as a commissioner signals support for reducing enforcement against crypto firms, stressing the need for clear guidelines. War on Crypto: SEC Commissioner Signals a Turning Point on Enforcement U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda has openly supported President-elect Donald Trump’s plan to end […]
Swiss National Bank Chair Flags Crypto Risks, Calls Bitcoin and Ether a ‘Niche Phenomenon’
Swiss National Bank (SNB) Chairman Martin Schlegel has cautioned about cryptocurrencies like bitcoin and ether, describing them as volatile and energy-intensive, and highlighting links to illegal activities that complicate regulation. Speaking at an event hosted by Aargauische Kantonalbank in Brugg, Switzerland, Schlegel noted that, while virtual currencies have seen significant growth, they remain a “niche […]
Nigerian Crypto Crackdown: Two More Firms Convicted, Forced to Cough Up $30,000
A Nigerian court has convicted two more cryptocurrency firms, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited, for conducting unauthorized USDT-to-naira transactions. As a result, they’ve been ordered to transfer nearly $ 30,000 to the federal government. The latest court decision came just a few months after other crypto firms, Paparaxy …
How Will Trump’s Win Affect the Crypto Market? Why Crypto All Stars Might Benefit?
Crypto investors are buzzing after yesterday’s election results revealed Trump will return to the White House. His last term saw Bitcoin explode onto the global stage – and now traders are hoping for another bull run. With Trump’s track record of pro-crypto comments, several tokens are emerging as top picks for growth. Crypto Market Surges […]
‘Significant Changes’ Loom: SEC’s Crypto Strategy Faces Potential Overhaul
Significant changes are on the horizon for the SEC, predicts Coinbase’s legal chief, who foresees a Trump-led agency narrowing its focus to fraud instead of sweeping industry crackdowns. SEC Faces Reckoning — Crypto Industry Awaits New Dawn in Washington Coinbase Chief Legal Officer Paul Grewal foresees “significant changes†to the U.S. Securities and Exchange Commission […]
Crypto Power Surge: Over 280 Pro-Crypto Allies Secure US Congress Seats
A pro-crypto Congress takes shape as more than 280 newly elected crypto-friendly allies promise to drive bold reforms, fueling momentum for a decentralized financial future. A New Congress Emerges, Driven by Crypto Voters and Rising Influence The U.S. cryptocurrency industry saw major successes in this week’s elections, with over 280 pro-crypto candidates winning congressional seats […]
Anti-Crypto Senator Ousted: Ohio Rejects ‘Crypto Public Enemy’ for New Era
Ohio’s Senate race delivered a major win for the crypto industry, as Bernie Moreno unseated crypto critic Sherrod Brown, signaling a shift toward pro-digital finance leadership. ‘Crypto Public Enemy’ Defeated as Ohio Elects Digital Finance Champion In Ohio’s Senate election this week, blockchain entrepreneur Bernie Moreno defeated three-term Democratic incumbent Senator Sherrod Brown, a prominent […]
Defi Nears $100 Billion Milestone as Crypto Market Heats Up
According to the latest data, the crypto economy’s 2.45% climb over the last day is pushing the total value locked in decentralized finance (defi) protocols tantalizingly close to a $ 100 billion milestone. $ 100 Billion in Sight in the Wide World of Defi Protocols As of 11 a.m. Eastern Time (ET) on …
Crypto Industry Experts React as Trump’s Re-Election Shakes up Digital Assets
With the U.S. 2024 election behind us and Donald Trump now set to return to the White House, voices across the crypto industry are buzzing. Many experts eagerly shared their views with Bitcoin.com News, providing a window into the community’s expectations and potential shifts in the sector’s future. Election Aftershock: What Trump’s Win Means for […]
Former Employee’s Hidden Code Turns Workplace Into Crypto Mine
A Minnesota man, Joshua Paul Armbrust, 44, has been indicted for a “cryptojacking” scheme that exploited his former employer’s computing resources to mine ether (ETH), causing over $ 45,000 in damages, according to the U.S. Attorney’s Office for the District of Minnesota. Armbrust, who resigned from his job at Digital River, allegedly accessed the …
Kenya Collects Over $77M in Taxes From 384 Crypto Traders
The Kenyan government collected $ 77.5 million tax revenue from cryptocurrency traders in the last fiscal year. Kenya Seeks $ 465 Million in Crypto Taxes The Kenyan government collected $ 77.5 million (10 billion shillings) in taxes from cryptocurrency traders during the 2023-24 financial year, Anthony Mwaura, head of the Kenya Revenue …
Solama: The Best Online Crypto Casino of 2025 Has Arrived – And It Stands Out
On November 1, the crypto meme community introduced an innovative online casino, Solama’s Casino. But this isn’t just another addition to the crypto gambling world—it’s a new paradigm where 100% of the casino’s net profits are reinvested back into the Solama token project. Every dollar earned benefits $ Solama token holders directly, making it …
A Ponzi Unveiled? Controversial Crypto Platform Facing California’s Wrath
The California Department of Financial Protection and Innovation (DFPI) issued a Desist and Refrain Order on Monday to Trage Technologies Ltd., also known as Trage Tech, for alleged violations of securities laws. The DFPI claims that Trage Tech, which operates out of the Marshall Islands and Panama, promoted “Crypto Arbitrage Investment Packages” without proper registration. […]
Millions Recovered: DOJ Orders Seized Funds Returned in Failed Bank’s Crypto Scheme
A judge ordered millions seized in a Kansas crypto fraud scheme be returned to defrauded investors, marking partial relief for victims of the bank collapse. Millions Lost, Millions Returned: DOJ Mandates Restitution for Defrauded Investors The U.S. Department of Justice (DOJ) announced on Monday that a federal judge in Wichita, Kansas, has ordered that millions […]
Crypto Poker Site CoinPoker To Give Away $30k In Meme Coins, Host $1M ‘Meme Millions’ Tournament Series
Popular crypto poker site CoinPoker is known for its frequent promotions and tournament series (such as its flagship CSOP event, the Crypto Series of Poker) and November is no exception. Starting next Sunday the decentralized poker platform is launching a ‘Meme Millions’ series, running from Nov 17 – 24 with a $ 1,000,000 GTD …